Dollar fell broadly in early trading after June CPI delivered a much larger-than-expected downside surprise, shifting market attention away from escalating geopolitical risks and back toward a more benign inflation outlook. Headline CPI fell -0.4% on the month while core CPI was unchanged, both undershooting expectations and challenging the aggressive repricing toward additional Federal Reserve […]The post Soft CPI Overpowers Oil Shock as Dollar Retreats and Fed Gets Breathing Room appeared first on ActionForex.